Singapore shares open lower on Wednesday
SINGAPORE share prices opened 0.05 per cent lower on Wednesday with the Straits Times Index down 1.52 points to 3,203.27 at 9.06am.
The highest value traded stocks were DBS (down eight cents to S$20.52), OCBC Bank (up five cents to S$10.46), and Singtel (flat at S$3.75) as at 9.05am.
Overall, 167 million shares worth S$244.6 million changed hands. Gainers outnumbered losers 86 to 62.
In Tokyo, shares opened lower on Wednesday as a firm yen weighed on exporters and Wall Street, and crude prices slipped. The benchmark Nikkei 225 index fell 0.25 per cent, or 49.60 points, to 19,628.25 in early trade while the Topix index of all first-section issues lost 0.28 per cent, or 4.33 points, to 1,568.34.
On Wall Street, US stocks inched lower on Tuesday, with the S&P 500 retreating slightly from a record, as weakness in the energy and financial sectors outweighed gains in technology shares. The Dow Jones Industrial Average fell 50.81 points, or 0.24 per cent, to 21,029.47, the S&P 500 lost 2.91 points, or 0.12 per cent, to 2,412.91 and the Nasdaq Composite dropped 7.01 points, or 0.11 per cent, to 6,203.19.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%